ETHEREUM - last week price fell to $478.00 but buyers managed to regain control over the weekend and currently coin is testing upper limit of the triangle pattern which is additionally strengthened by resistance at $587.00. The demand for the token is expected to increase significantly due to the launch of ETH 2.0 and the upward move could be extended to the $621.00 handle. However should price fail to break above the aforementioned resistance zone, a near-term support lies at $553.00 and is additionally strengthened by 50 SMA (green line). Source: xStation5This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
